Venezuelan oil prices averaged US$67.36 per barrel in the first half of 2026 The Daily Journal.- Venezuelan oil prices ended the first half of 2026 at an average of US$67.36 per barrel, representing a cumulative decline of US$23.11 from the peak reached in April. According to data from the Ministry of Hydrocarbons reported to the […]
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The Daily Journal.— U.S. refiner Citgo posted record exports of ultra-low-sulfur diesel (ULSD) from its Brownsville, Texas, terminal during the second quarter, as the prolonged war between the United States and Iran continued to restrict global supplies of the fuel. According to the company’s earnings release, second-quarter ULSD export sales in Brownsville more than doubled […]
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The Daily Journal.- Oil prices rose on Tuesday as negotiations between Iran and the United States to reopen the Strait of Hormuz remained stalled, fueling uncertainty over potential supply shortages in the Middle East. In that context, Brent crude, the benchmark for European markets, reached $90.03 per barrel, climbing 2.6% to its highest level since […]
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The Daily Journal.- Oil prices started the week higher as the market grew increasingly skeptical about a potential agreement in the Middle East to reopen the Strait of Hormuz. North Sea Brent crude for October delivery rose 1.29% to $83.55 per barrel. Its U.S. counterpart, West Texas Intermediate (WTI) crude for September delivery, gained 1.15% […]
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The Daily Journal.- Oil prices rose on Friday amid growing uncertainty over a potential agreement between Iran and Oman to reopen the Strait of Hormuz. The market, which had hoped for an imminent solution earlier in the week, turned nervous again after Tehran signaled its intention to ban U.S. and Israeli vessels from passing through […]
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Dr. Juan Barreto, Director of The Daily Journal for Venezuela and Latin America. Curly in his labyrinth. Could hell be starting to open beneath Marco Rubio’s feet? Where do I get this from? Well, the midterm elections are approaching, and all the polls seem to indicate that Democrats will prevail over Republicans. Some polls even […]
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Dr. Juan Barreto, The Daily Journal Director for Venezuela and Latin America — It seems that matters have become increasingly complicated inside the White House: nothing personal, just business. A struggle has erupted over the division of the spoils that Venezuela now generates following the military operations that removed Nicolás Maduro and installed a transitional […]
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The Daily Journal — Venezuela’s oil exports declined in July as demand from India weakened after the ceasefire in the conflict involving Iran allowed Middle Eastern crude cargoes stranded in the Persian Gulf to reach international markets, Bloomberg reported. July data tracked by Kpler Ltd. show that shipments of Venezuelan crude to India, one of […]
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The Daily Journal — U.S. President Donald Trump reiterated that his administration currently maintains “a very good relationship” with Venezuela and said the United States is receiving substantial financial resources from the country. While speaking aboard Air Force One, a reporter repeatedly asked him about the destination of the money the United States receives from […]
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The Daily Journal — Foreign ministers from the Association of Southeast Asian Nations (ASEAN) opened a three-day summit in Manila on Tuesday, focusing on the region’s most pressing security challenges amid ongoing conflict in the Middle East and rising tensions in the South China Sea. Following a closed-door meeting in the Philippine capital, the diplomats […]
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